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Home » Store » Inside the CFPB » Be Careful Complying Early with CFPB Mortgage Servicing Rules

Be Careful Complying Early with CFPB Mortgage Servicing Rules

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Inside the CFPB

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It may be hard to believe, but there are some companies considering early compliance with the CFPB’s mortgage servicing rules which take effect on Jan. 10, 2014. But one top official from the bureau urged taking a cautious approach. Answering some questions about the effective date of the bureau’s mortgage servicing rules during a webinar sponsored last week by the Mortgage Bankers Association, Marta Tanenhaus, senior counsel with the CFPB, reminded participants that “no servicer is required to comply with the rules before Jan...
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